Sinopec’s Hou Qijun at 9th CIIE opening and theme forum
- Sinopec signed procurement deals worth US$41.3 billion with 37 partners from 18 countries, covering 14 categories and 29 product types.
- Since the first CIIE in 2018, Sinopec’s cumulative agreements across nine expos total over US$366 billion.
- Chairman Hou Qijun proposed three priorities: supply‑chain resilience, a green development blueprint, and an open, innovative technology ecosystem.
- Sinopec and COSCO SHIPPING signed a strategic cooperation framework on green shipping, energy supply assurance, supply‑chain collaboration and low‑carbon transformation.
Event and attendance
The opening ceremony of the 9th China International Import Expo and Hongqiao International Economic Forum took place at the National Exhibition and Convention Center (Shanghai). Sinopec held its Theme Forum and trade delegation signing ceremony the day prior. Hou Qijun, Party Secretary and Chairman of the Group, delivered the keynote at the forum and signing event. Tian Hongbin and Chen Yanbin, both Executive Vice Presidents, hosted the signing ceremony and the forum respectively. The forum theme was “Creating a Better Energy Future.”
Strategic priorities
Hou outlined three proposals: strengthen resilient and efficient supply chains through cooperation on oil and gas development, LNG trade, pipeline networks and storage/peak‑shaving; deepen green development via dialogue on carbon trading, green finance and sustainable energy investment; and build an open innovation ecosystem targeting deep and ultra‑deep exploration, large‑scale CCUS, green hydrogen storage and transport, and intelligent equipment.
Deals and partnerships
At the signing ceremony Sinopec secured procurement commitments of US$41.3 billion with 37 partners from 18 countries across 14 major categories and 29 product types, including green and low‑carbon technologies, AI, high‑end equipment and digital supply chains. Since 2018 Sinopec has signed over US$366 billion across the nine CIIEs. Hou also witnessed a strategic cooperation framework signing with COSCO SHIPPING to deepen collaboration on green shipping and energy supply assurance.
Site visits and exchanges
Hou conducted site research at Shanghai Petrochemical and other local projects, reviewing safety, environmental protection, operations, technological innovation and Party building. He met non‑Party experts such as Liu Wenjie of the Shanghai Research Institute of Petrochemical Technology and engaged headquarters and business‑unit leaders present for the events.
Source: Sinopec